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South American Soybean Futures

Contract Size

5,000 bu

Deliverable Grades

ANEC 41 Standards For Brazilian Soybeans (Effective January 1, 2005) Basis Bulk Carrier, Delivered Free On board, Stowed and Trimmed.

Tick Size

1/4 cent/bu ($12.50/contract)

Price Quote

Cents/bushel

Contract Months

Jan, Mar, May, Jul, Aug, Sep, Nov

Last Trading Day

The business day prior to the 15th calendar day of the contract month.

Last Delivery Day

Second business day following the last trading day of the delivery month.

Trading Hours*

Open Auction: 9:00 a.m. - 1:15 p.m. Central Time, Mon-Fri.
Electronic: 6:31 p.m. - 6:00 a.m. and 9:00 a.m. to 1:15 p.m. Central Time, Sun.-Fri.
Trading in expiring contracts closes at noon on last trading day.

Ticker Symbols

Open Auction: BS
Electronic: ZK

Daily Price Limit

Fifty cents ($0.50) per bushel ($2,500 per contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted two beginning on First Position Day).

Margin Information

Find information on margins requirements for the South American Soybean Futures.

*Central Time, Daylight Savings Time Observed



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